Amazon's stock has been weighed down by its $200 billion AI spending plans, despite strong growth in its cloud and retail segments. Analysts at Jefferies argue that the stock's current valuation is the lowest since 2008. The company's investment in AI could potentially lead to future growth.
Impact: The potential for a 46% stock rally could lead to increased investor interest and a subsequent rise in stock price if the company's AI investments pay off.
Not investment advice